Positive on select pharma stocks as Technical indicators showing buy signal, Buy LUPIN, DRREDDY, DIVI’S, CIPLA

LUPIN

Last close 845.55

Ready for a bull run. Buy this stock with strict stoploss of Rs.832. On the upper side stock shall zoom to Rs.861. Crossover and close above this with volumes will take the stock to Rs.874…!!!

 

DRREDDY

Last close 2179.70

Buy on decline keeping strict stop loss of Rs.2142. Upper side…Stock will zoom to Rs.2208, Cross over will take this to Rs.2233.

 

DIVI’S LAB

Last close 1167.90

Stock has given upmove after a period of consolidation. Still looking highly explosive. Just buy and remain invested keeping strict stop loss of Rs.1151. Upper side….Stock will zoom to Rs.1181, Cross over and close above this will create fireworks in this stock and stock will zoom to the Rs.1195 mark.

 

CIPLA

Last close 637.95

Stock is ready to explode. Buy keeping strict stop loss of Rs.629. Upper side…Expect it to zoom to Rs.646. Cross over and close above this with huge volumes will take this to Rs.652 mark.